THE nEWS rEviEW
S U S T A I N A B I L I T Y
N E W S
BloCKCHain-poWErED SCHEME SET To BooST SaF proDuCTion
Trees4travel deals take root TREES4TRAVEL has partnered with Agentivity, the travel industry management app, and with CMAC Group, the managed ground transport company. Agentivity will offer Trees4Travel's calculation and carbon positive compensation services to all of its agency customers and their corporate clients, alongside the reporting already offered by its partner Unlocked Data. CMAC’s partnership will see Trees4Travel calculate and grow the number of trees necessary to absorb the CO2 emissions produced by CMAC employees during travel, alongside facilities and events, and will also be available to CMAC customers who want to neutralise emissions based on the journeys their travellers take through their managed ground transport solutions.
SHELL, Accenture and American Express Global Business Travel have joined forces to launch Avelia, a blockchain-powered digital book-and-claim SAF solution. The three companies claim it will be the largest SAF book-and-claim pilot at launch, offering around 1 million gallons of SAF, which is enough to power almost 15,000 individual business traveller flights from London to New York. A pilot phase, with Aon, aims to show the credibility of the model, which uses blockchain technology to ensure secured allocation of
FinnaiR siGns deal FoR susTainaBle aviaTion Fuel FINNAIR has signed an agreement with renewable fuels producer Gevo for Sustainable Aviation Fuel (SAF) as part of plans by the Oneworld Alliance to purchase up to 200 million gallons of SAF per year from the Colorado-based company. The agreement, starting from 2027, outlines the purchase of seven million gallons of SAF per year for the duration of five years.
[ SUSTAINABILITY NEWS BITES ] >> CORPORATE TRAVELLER has teamed up with Thrust Carbon
and Trees4Travel to strengthen sustainability offerings on its booking platform >> SAP CONCUR has partnered with CHOOOSE to integrate its carbon emissions management solution, which automates flight-related carbon emission measuring and reporting >> LONDON CITY AIRPORT has published a new sustainability roadmap in a bid to become the first net zero airport in London by the end of the decade through various measures, including ensuring all airport vehicles switch to electric >> VICTOR, the on-demand private jet company, has partnered with Neste to offer members the chance to purchase Neste MY Sustainable Aviation Fuel for every booking around the world >>
20
SAF’s environmental attributes to companies and airlines after the fuel has been delivered into the fuel network. It is hosted on a public blockchain system, where the code is available for any third party to review, ensuring transparency. "This data security and credibility is key to reaching consensus that SAF book-and-claim is a valid mechanism for decarbonising the aviation industry, preventing double-counting," says GBT’s Vice President Global Sustainability, Nora Lovell Marchant.
11%
- the extra passengers would pay to offset their flight
Airline passengers travelling for business and leisure would be prepared to pay, on average, 11% of their ticket price to offset carbon emissions from their flight, according to a survey by air transport IT provider Sita
THEBUSINESSTRAVELMAG.com
General News V13.indd 20
7/13/22 10:16 AM
